PRESS RELEASE
13 May 2025

PLMJ Advises Castellana Properties On The Acquisition Of Forum Madeira

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PLMJ

Contributor

PLMJ is a law firm based in Portugal that combines a full service with bespoke legal craftsmanship. For more than 50 years, the firm has taken an innovative and creative approach to produced tailor-made solutions to effectively defend the interests of its clients. The firm supports its clients in all areas of the law, often with multidisciplinary teams, and always acting as a business partner in the most strategic decision-making processes.
PLMJ advised Castellana Properties on the acquisition of Forum Madeira from German asset manager DWS.
Portugal

PLMJ advised Castellana Properties on the acquisition of Forum Madeira from German asset manager DWS.

On the PLMJ side, the operation was led by Ricardo Reigada Pereira, who managed the real estate and tax aspects of the transaction, with the support of teams from different areas:

  • Real Estate and Tourism: Sérgio Teixeira, managing associate, Tamara Martins da Fonseca, senior associate, Rita Neves Machado, associate, and Catarina Patrício Cruz, associate;
  • Urban Planning: Luís Moitinho de Almeida, partner, and Bernardo Gomes de Castro, senior associate;
  • EU and Competition Law: Martim Valente, senior counsel, and Julia Werberich, associate;
  • Banking and Finance: Luís Miguel Vasconcelos, managing associate, André da Gama Loureiro, associate, and Teresa Proença Varão, associate;
  • Tax: Leonardo Scolari, senior counsel.

Forum Madeira, located in Funchal, has a gross lettable area (GLA) of 21,472 m2 and attracts around 5.4 million visitors per year.

This is the Spanish company's fifth acquisition in Portugal, reinforcing its strategy of geographical diversification and international expansion.

Contributor

PLMJ is a law firm based in Portugal that combines a full service with bespoke legal craftsmanship. For more than 50 years, the firm has taken an innovative and creative approach to produced tailor-made solutions to effectively defend the interests of its clients. The firm supports its clients in all areas of the law, often with multidisciplinary teams, and always acting as a business partner in the most strategic decision-making processes.

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